If you want a simple forex trading system that makes money then we are going to give you one that you can get off the net for free. Best of all its easy to understand easy to apply and makes big profits so let’s look at it.
This system works on the following basis it buys “high and sells higher” while most traders look to “buy low and sell high”
Lets look at the theory and then how you can execute your trading signals.
1. The Logic & the Theory OF the System
Why buy low sell high doesn’t work
Its an accepted market wisdom and it doesn’t work. If you try and buy the low of a market you are guessing or hoping and the market will kill you.
However if you look for important breaks of resistance and an acceleration in price momentum, odds are the trend will continue and you can follow it for huge profits.
So why doesn’t every trader do this?
Because they want to buy the pullback and think they have missed a bit of the move (this is true but you needn’t worry about that if the price trend continues) they then wait, prices don’t pull back and they miss the move.
Its hard mentally to miss the start of the move, but if you grit your teeth and enter you will see a lot more profits come your way and be in on all the big moves.
Furthermore most of the big currency trends of the year start from new market highs NOT market lows.
So that’s the theory, this forex trading system is based upon.
Now lets see how to construct a system to trade breakouts.
You need to look for important resistance levels and this is normally a level that has been tested 4 times or more and repelled – in at least two separate time frames.
When this level is broken the odds favour the trend to continue your aim is to look at your forex charts and separate out the ones that are likely to continue.
You don’t need to guess or predict you look for confirmation.
2. Confirming Entry
What confirmation do you need?
You need to have confirmation that price momentum is accelerating and need some indicators to help you do this.
There are many momentum indicators but the best two are the stochastic and Relative Strength Index (RSI) and they discussed in our other articles.
Use these and make sure they BOTH confirm accelerating price momentum then enter your trade.
They will take a bit of practice but its well worth the effort and you will soon see how effective this combo is in confirming trade entry and exit levels.
3. Stop Loss Protection
Is simply below the breakout point once the level of resistance is broken it will then act as support.
Other Important Points of This Forex Strategy
Only trade breaks of resistance that are considered valid by the market - we have said four tests in two different time frames – but keep in mind, the more tests and the more time frames the better.
So you need to be patient – you can make 100% gains with this forex trading system trading just a few times a year.
If you like the action of forex trading this system is not for you – if you like profits it will give you them.
Also don’t trail the stop up to quickly LEAVE it as breakouts very often get re tested so you don’t want to be clipped out by volatility
That Seems Simple!
It’s a very simple system and that’s why it works.
Simple systems work best as they have few elements to break, also using breakouts is great because most traders can’t buy breaks as they want to buy low and sell high – don’t let that worry you though 95% of forex traders lose!
You can learn this system in under a week easily and test it.
Try trading this forex trading system for yourself in a free demo account and see the profit potential for yourself and target those triple annual digit gains you have always wanted!
I have given it to you free all you have to do is look it up on the net see the logic and try it and you will be surprised at how effective it is.
By Monica Hendrix
Friday, August 17, 2007
Learn Forex Trading, Forex Strategies, Forex Software, Forex Investment
What is FOREX (Foreign Exchange)?
Forex (Foreign Exchange) simply means the buying of one currency and selling another at the same time. In other words, the currency of one country is exchanged for those of another. The currencies of the world are on a floating exchange rate, and are always traded in pairs Euro/Dollar, Dollar/Yen, etc. In excess of 85 percent of all daily transactions involve trading of the major currencies.
Four major currency pairs are usually used for investment purposes. They are: Euro against US dollar, US dollar against Japanese yen, British pound against US dollar, and US dollar against Swiss franc. The following notation is used for these currency pairs: EUR/USD, USD/JPY, GBP/USD, and USD/CHF. You may consider them as "blue chips" of the FOREX market. No dividends are paid on currencies. The investment profits come from well known "buy low - sell high".
If you think one currency will appreciate against another, you may exchange that second currency for the first one and stay in it. In case everything goes as planned, some time later you may make the opposite deal - exchange this first currency back for that other - and collect profits.
Transactions on the FOREX market are fulfilled by dealers at major banks or FOREX brokerage companies. FOREX is the world wide market, so when you are sleeping in the North America some dealers in Europe are trading currencies with their Japanese counterparties. Therefore the FOREX market is active 24 hours a day and dealers at major institutions are working in three shifts. Clients may place take-profit and stop-loss orders with brokers for overnight execution.
Price movements on the FOREX market are very smooth and without gaps that you face almost every morning on the stock market. The daily turnover on the FOREX market is about $1.2 trillion, so investor can enter and exit position without problems. The fact is that the FOREX market never stops, even on the day of September-11, 2001 you could obtain two-side quotes on currencies.
The currency foreign exchange (http://www.123forex.blogspot.com) market is the largest and oldest financial market in the world. It is also called the foreign exchange market, or "FOREX" or "FX" market for short. It is the biggest and most liquid market in the world, and it is traded mainly through the 24 hour-a-day inter-bank currency market - the primary market for currencies. The forex market is a cash (or "spot") inter-bank market. By comparison, the currency futures market is only one per cent as big.
Unlike the futures and stock markets, trading of currencies is not centralized on an exchange. Forex literally follows the sun around the world. Trading moves from major banking centers of the U.S. to Australia and New Zealand, to the Far East, to Europe and finally back to the U.S.
In the past, the forex inter-bank market was not available to small speculators due to the large minimum transaction sizes and often-stringent financial requirements. Banks, major currency dealers and the occasional huge speculator used to be the principal dealers. Only they were able to take advantage of the currency market's fantastic liquidity and strong trending nature of many of the world's primary currency exchange rates.
Today, foreign exchange market maker brokers such as FX Solutions are able to break down the larger sized inter-bank units, and offer small traders the opportunity to buy or sell any number of these smaller units (lots).
These brokers give virtually any size trader, including individual speculators or smaller companies, the option to trade the same rates and price movements as the large players who once dominated the market. Market makers quote buying and selling rates for currencies, and they profit on the difference between their buying and selling rates
Why Trading FOREX?
The cash/spot FOREX markets possess certain unique attributes that offer unmatched potential for profitable trading in any market condition or any stage of the business cycle:
A 24-hour market: A trader may take advantage of all profitable market conditions at any time; no waiting for the 'opening bell'.
Highest liquidity: The FOREX market with an average trading volume of over $1.5 trillion per day is the most liquid market in the world. That means that a trader can enter or exit the market at will in almost any market condition minimal execution barriers or risk and no daily trading limit.
High leverage: A leverage ratio of up to 400 is typical compared to a leverage ratio of 2 (50% margin requirement) in equity markets. Of course, this makes trading in the cash/spot forex market a double-edged sword the high leverage makes the risk of the down side loss much greater in the same way that it makes the profit potential on the upside much more attractive.
Low transaction cost: The retail transaction cost (the bid/ask spread) is typically less than 0.1% (10 pips or points) under normal market conditions. At larger dealers, the spread could be less than 5 pips, and may widen considerably in fast moving markets.
Always a bull market: A trade in the FOREX market involves selling or buying one currency against another. Thus, a bull market or a bear market for a currency is defined in terms of the outlook for its relative value against other currencies. If the outlook is positive, we have a bull market in which a trader profits by buying the currency against other currencies. Conversely, if the outlook is pessimistic, we have a bull market for other currencies and a trader profits by selling the currency against other currencies. In either case, there is always a bull market trading opportunity for a trader.
Inter-bank market: The backbone of the FOREX market consists of a global network of dealers (mainly major commercial banks) that communicate and trade with one another and with their clients through electronic networks and telephones. There are no organized exchanges to serve as a central location to facilitate transactions the way the New York Stock Exchange serves the equity markets. The FOREX market operates in a manner similar to the way the NASDAQ market in the United States operates, and thus it is also referred to as an 'over the counter' or OTC market.
No one can corner the market: The FOREX market is so vast and has so many participants that no single entity, even a central bank, can control the market price for an extended period of time. Even interventions by mighty central banks are becoming increasingly ineffectual and short-lived, and thus central banks are becoming less and less inclined to intervene to manipulate market prices.
Unregulated: The FOREX market is generally regarded as an unregulated market although the operations of major dealers, such as commercial banks in money centers, are regulated under the banking laws. The conduct and operation of retail FOREX brokerages are not regulated under any laws or regulations specific to the FOREX market, and in fact many of such establishments in the United States do not even report to the Internal Revenue Service (IRS). The currency futures and options that are traded on exchanges such as Chicago Mercantile Exchange (CME) are regulated in the way other exchange-traded derivatives are regulated.
Jhon Ericson
Forex (Foreign Exchange) simply means the buying of one currency and selling another at the same time. In other words, the currency of one country is exchanged for those of another. The currencies of the world are on a floating exchange rate, and are always traded in pairs Euro/Dollar, Dollar/Yen, etc. In excess of 85 percent of all daily transactions involve trading of the major currencies.
Four major currency pairs are usually used for investment purposes. They are: Euro against US dollar, US dollar against Japanese yen, British pound against US dollar, and US dollar against Swiss franc. The following notation is used for these currency pairs: EUR/USD, USD/JPY, GBP/USD, and USD/CHF. You may consider them as "blue chips" of the FOREX market. No dividends are paid on currencies. The investment profits come from well known "buy low - sell high".
If you think one currency will appreciate against another, you may exchange that second currency for the first one and stay in it. In case everything goes as planned, some time later you may make the opposite deal - exchange this first currency back for that other - and collect profits.
Transactions on the FOREX market are fulfilled by dealers at major banks or FOREX brokerage companies. FOREX is the world wide market, so when you are sleeping in the North America some dealers in Europe are trading currencies with their Japanese counterparties. Therefore the FOREX market is active 24 hours a day and dealers at major institutions are working in three shifts. Clients may place take-profit and stop-loss orders with brokers for overnight execution.
Price movements on the FOREX market are very smooth and without gaps that you face almost every morning on the stock market. The daily turnover on the FOREX market is about $1.2 trillion, so investor can enter and exit position without problems. The fact is that the FOREX market never stops, even on the day of September-11, 2001 you could obtain two-side quotes on currencies.
The currency foreign exchange (http://www.123forex.blogspot.com) market is the largest and oldest financial market in the world. It is also called the foreign exchange market, or "FOREX" or "FX" market for short. It is the biggest and most liquid market in the world, and it is traded mainly through the 24 hour-a-day inter-bank currency market - the primary market for currencies. The forex market is a cash (or "spot") inter-bank market. By comparison, the currency futures market is only one per cent as big.
Unlike the futures and stock markets, trading of currencies is not centralized on an exchange. Forex literally follows the sun around the world. Trading moves from major banking centers of the U.S. to Australia and New Zealand, to the Far East, to Europe and finally back to the U.S.
In the past, the forex inter-bank market was not available to small speculators due to the large minimum transaction sizes and often-stringent financial requirements. Banks, major currency dealers and the occasional huge speculator used to be the principal dealers. Only they were able to take advantage of the currency market's fantastic liquidity and strong trending nature of many of the world's primary currency exchange rates.
Today, foreign exchange market maker brokers such as FX Solutions are able to break down the larger sized inter-bank units, and offer small traders the opportunity to buy or sell any number of these smaller units (lots).
These brokers give virtually any size trader, including individual speculators or smaller companies, the option to trade the same rates and price movements as the large players who once dominated the market. Market makers quote buying and selling rates for currencies, and they profit on the difference between their buying and selling rates
Why Trading FOREX?
The cash/spot FOREX markets possess certain unique attributes that offer unmatched potential for profitable trading in any market condition or any stage of the business cycle:
A 24-hour market: A trader may take advantage of all profitable market conditions at any time; no waiting for the 'opening bell'.
Highest liquidity: The FOREX market with an average trading volume of over $1.5 trillion per day is the most liquid market in the world. That means that a trader can enter or exit the market at will in almost any market condition minimal execution barriers or risk and no daily trading limit.
High leverage: A leverage ratio of up to 400 is typical compared to a leverage ratio of 2 (50% margin requirement) in equity markets. Of course, this makes trading in the cash/spot forex market a double-edged sword the high leverage makes the risk of the down side loss much greater in the same way that it makes the profit potential on the upside much more attractive.
Low transaction cost: The retail transaction cost (the bid/ask spread) is typically less than 0.1% (10 pips or points) under normal market conditions. At larger dealers, the spread could be less than 5 pips, and may widen considerably in fast moving markets.
Always a bull market: A trade in the FOREX market involves selling or buying one currency against another. Thus, a bull market or a bear market for a currency is defined in terms of the outlook for its relative value against other currencies. If the outlook is positive, we have a bull market in which a trader profits by buying the currency against other currencies. Conversely, if the outlook is pessimistic, we have a bull market for other currencies and a trader profits by selling the currency against other currencies. In either case, there is always a bull market trading opportunity for a trader.
Inter-bank market: The backbone of the FOREX market consists of a global network of dealers (mainly major commercial banks) that communicate and trade with one another and with their clients through electronic networks and telephones. There are no organized exchanges to serve as a central location to facilitate transactions the way the New York Stock Exchange serves the equity markets. The FOREX market operates in a manner similar to the way the NASDAQ market in the United States operates, and thus it is also referred to as an 'over the counter' or OTC market.
No one can corner the market: The FOREX market is so vast and has so many participants that no single entity, even a central bank, can control the market price for an extended period of time. Even interventions by mighty central banks are becoming increasingly ineffectual and short-lived, and thus central banks are becoming less and less inclined to intervene to manipulate market prices.
Unregulated: The FOREX market is generally regarded as an unregulated market although the operations of major dealers, such as commercial banks in money centers, are regulated under the banking laws. The conduct and operation of retail FOREX brokerages are not regulated under any laws or regulations specific to the FOREX market, and in fact many of such establishments in the United States do not even report to the Internal Revenue Service (IRS). The currency futures and options that are traded on exchanges such as Chicago Mercantile Exchange (CME) are regulated in the way other exchange-traded derivatives are regulated.
Jhon Ericson
Forex Trading - Mindset of The Millionaire Forex Pro's
Forex trading can be learned by anyone yet few succeed so what separates winners from losers? While a method is important, so to is the right mindset and here we will look at 3 character traits all the top traders have.
1. Success Comes From Within
Top traders do their homework and devise a trading logic and forex trading strategy they know backwards in terms of how and why it works and why it will be successful.
Contrast this with the amount of losing traders who buy an e-book from a vendor and then blame them, when the few hundred bucks they spent, didn’t make them rich! – what did they expect?
Other traders blame anyone they can - from the market, to their broker and squeal like babies when they lose – They are forgetting that they are responsible for their destiny, no one else.
Winners accept this and rely on themselves and so must you.
2. Confidence
If you have done your homework you will have confidence in your forex trading strategy and confidence is essential, as you have to follow your method through losing periods and know in your own mind, that you can emerge from periods of losses and emerge a winner longer term.
All successful forex pro’s have this trait and you need it to, as it leads onto a trait that is absolutely vital to forex trading success:
3. Discipline
This trait is needed to execute a method rigidly and not deviate from it.
Keep in mind if you can’t follow your method with discipline, you don’t have one in the first place.
If you think it is easy, think again – it’s tough even for seasoned pros.
Many traders have great methods but fail due to lack of discipline.
Confronting the Beast
Trading forex is hard as only you can be wrong (it’s always right) it will make you look stupid (it does this to all traders) and it moves where and when it wants and there is nothing you can do about it!
However you can win you just need to obey its rules.
You are like a ships captain on the ocean. You need to obey its law and understand everything about it to travel on it safely.
For this you need to have knowledge, confidence in your ability and the discipline, to plot the right course – If you can do this - just like the ocean has unlimited riches so does the forex market.
If you respect it and confront it with the right mindset you can win if you don’t you will drown – it’s as simple as that.
By Kelly Price
1. Success Comes From Within
Top traders do their homework and devise a trading logic and forex trading strategy they know backwards in terms of how and why it works and why it will be successful.
Contrast this with the amount of losing traders who buy an e-book from a vendor and then blame them, when the few hundred bucks they spent, didn’t make them rich! – what did they expect?
Other traders blame anyone they can - from the market, to their broker and squeal like babies when they lose – They are forgetting that they are responsible for their destiny, no one else.
Winners accept this and rely on themselves and so must you.
2. Confidence
If you have done your homework you will have confidence in your forex trading strategy and confidence is essential, as you have to follow your method through losing periods and know in your own mind, that you can emerge from periods of losses and emerge a winner longer term.
All successful forex pro’s have this trait and you need it to, as it leads onto a trait that is absolutely vital to forex trading success:
3. Discipline
This trait is needed to execute a method rigidly and not deviate from it.
Keep in mind if you can’t follow your method with discipline, you don’t have one in the first place.
If you think it is easy, think again – it’s tough even for seasoned pros.
Many traders have great methods but fail due to lack of discipline.
Confronting the Beast
Trading forex is hard as only you can be wrong (it’s always right) it will make you look stupid (it does this to all traders) and it moves where and when it wants and there is nothing you can do about it!
However you can win you just need to obey its rules.
You are like a ships captain on the ocean. You need to obey its law and understand everything about it to travel on it safely.
For this you need to have knowledge, confidence in your ability and the discipline, to plot the right course – If you can do this - just like the ocean has unlimited riches so does the forex market.
If you respect it and confront it with the right mindset you can win if you don’t you will drown – it’s as simple as that.
By Kelly Price
Forex Education – 4 Accepted Investment Wisdoms That Will Lose You Money
If you think about it around 95% of traders lose all their equity and lose money and only around 5% make big gains.
The losing majority follow 4 accepted wisdoms in their forex education and if you fall into the same trap you will lose to, so let’s look at them.
1. An expert knows best
This is partly true, but the experts in forex trading who make the big gains certainly won’t tell you how they do it – there to busy making money, to bother selling their secrets.
The ”experts” that sell currency e-books for $100 or so, are certainly experts, but at marketing.
Doesn’t’ that copy look appealing?
Follow them and make money automatically, every month and all backed up by a simulated hypothetical track record done knowing the closing prices.
Reality is:
Most of them are junk and you can get better information for free on the net.
To make money you need to do it yourself and forget about anyone else helping you learn forex trading information that will make you a fortune.
2. You can predict market behavior
Another accepted wisdom that is dead wrong is – you can predict the market with scientific theory as prices move to a natural law.
Let’s hear it for investment theories such as Elliot Wave.
Elliot wave says markets move to scientific patterns but of course can’t tell you what they are!
If any theory could of course predict market behavior in advance there would be no market as we would all know the price.
3. More is better
Lots of clever people trade currencies and they have complicated forex trading strategies, using neural networks, artificial intelligence and chaos theory, bad news is they don’t work.
There is no correlation between how hard you work at forex trading and how much money you make, just as there is no correlation between how complicated a system is and how much money it makes.
Currency trading success is all about learning the right information ( and this means working smart rather than hard) and simple systems beat complicated systems, as they are more robust.
So all those people who tell you that you have to work hard and be clever are wrong – you need to work smart and keep it simple.
4. Above all else protect a profit
Forex trading is risky and if you don’t take meaningful risks you wont make a lot of money.
Most traders however try and protect profits and limit losses so much they are guaranteed to lose.
Here is what they do:
1. Diversify – Another word for this is dilute profits
2. Day trade – the best way to lose money – it doesn’t work
3. Trail stops quickly to lock in profit – translated as get minor profit when you could have made a large one.
4. Risk 2% per trade – Well if you don’t risk a lot you won’t make much either!
All the above are accepted wisdoms of online currency trading and all will prevent you from making forex profits.
If you understand the above and try a different type of forex education - that teaches you how to learn forex trading a different way, which is not accepted by the majority and you could join the elite 5% who make big gains trading Forex markets.
By Kelly Price
The losing majority follow 4 accepted wisdoms in their forex education and if you fall into the same trap you will lose to, so let’s look at them.
1. An expert knows best
This is partly true, but the experts in forex trading who make the big gains certainly won’t tell you how they do it – there to busy making money, to bother selling their secrets.
The ”experts” that sell currency e-books for $100 or so, are certainly experts, but at marketing.
Doesn’t’ that copy look appealing?
Follow them and make money automatically, every month and all backed up by a simulated hypothetical track record done knowing the closing prices.
Reality is:
Most of them are junk and you can get better information for free on the net.
To make money you need to do it yourself and forget about anyone else helping you learn forex trading information that will make you a fortune.
2. You can predict market behavior
Another accepted wisdom that is dead wrong is – you can predict the market with scientific theory as prices move to a natural law.
Let’s hear it for investment theories such as Elliot Wave.
Elliot wave says markets move to scientific patterns but of course can’t tell you what they are!
If any theory could of course predict market behavior in advance there would be no market as we would all know the price.
3. More is better
Lots of clever people trade currencies and they have complicated forex trading strategies, using neural networks, artificial intelligence and chaos theory, bad news is they don’t work.
There is no correlation between how hard you work at forex trading and how much money you make, just as there is no correlation between how complicated a system is and how much money it makes.
Currency trading success is all about learning the right information ( and this means working smart rather than hard) and simple systems beat complicated systems, as they are more robust.
So all those people who tell you that you have to work hard and be clever are wrong – you need to work smart and keep it simple.
4. Above all else protect a profit
Forex trading is risky and if you don’t take meaningful risks you wont make a lot of money.
Most traders however try and protect profits and limit losses so much they are guaranteed to lose.
Here is what they do:
1. Diversify – Another word for this is dilute profits
2. Day trade – the best way to lose money – it doesn’t work
3. Trail stops quickly to lock in profit – translated as get minor profit when you could have made a large one.
4. Risk 2% per trade – Well if you don’t risk a lot you won’t make much either!
All the above are accepted wisdoms of online currency trading and all will prevent you from making forex profits.
If you understand the above and try a different type of forex education - that teaches you how to learn forex trading a different way, which is not accepted by the majority and you could join the elite 5% who make big gains trading Forex markets.
By Kelly Price
FOREX Investment Strategies That Work
Are you an investor looking to make some money in a new way? Have you previously been investing in the stock market and are you now thinking of switching to the foreign exchange? There is a big difference between investing in the stock market and investing in foreign exchange. The strategies used are much different and many people are afraid of FOREX. They think it is too risky or too complicated.
But what if there was a method that took a lot of the risk out and made it easier, even if you have never traded before to succeed in the foreign exchange? Wouldn't you want to know these strategies?
We have a FOREX investment strategy that can do just that! The first thing you need to know is that they don’t try to teach you how to trade in foreign currency. Instead you receive proprietary software that is used to teach you how to set up a trading account at the brokerage that you choose. This account then buys and sells all your investments for you.
FOREX is perfect for the careful investor that is interested in earning as much yield as possible along with preserving principle and earnings. The investment strategies used by FOREX include achieving this balance. They do it by using two different currency pairs that move in complete opposite directions for trading. This is a great strategy because when one pair is going down and experiencing loses the other pair is normally going up because they are opposites.
There is data that can be supplied that supports this strategy. For instance, if you were to view a chart of the past year, you would see that when comparing the two currency pairs it is almost like looking in a mirror. This proves that the strategy used works. This is why the FOREX investments strategies work so well; when you trade two pairs that move in opposite directions you dramatically reduce your risks. Any loses that you receive from one is partially offset by what you are gaining from the other pair. There is no type of stock market option that can offer you this type of strategy.
The FOREX investment strategies really do work and they are so simple to learn because you are not trying to learn everything there is about investing. Therefore, it only takes an hour or two to learn how to set up the accounts and then a few minutes throughout the week to monitor the account. With this amount of little effort it is possible for you receive more of an increase in a month than many mutual funds and banks do in a whole year.
When I first started researching the Forex I learned that it would take months to learn and studying charts and graphs and a lot of money to get started. Something that a full time job would not allow me to do.
Then a good friend of mine introduced me to a forex investment strategy. He told me how easy it was to learn and how it required no formal training and that I could be up and running in less than 3 hours. He also told me that he was earning monthly what banks and mutual funds were earning yearly.
You can only imagine my skepticism. So I started doing some research on the company and the proprietary software they were using. I took a leap of faith and opened up a demo account, and to my surprise everything that they claimed was true. I can honestly say that I'm earning more a month than my mutual funds and my bank are earning a year. This company does truly care about people and that is rare in this industry. I opened up my Live account on April 10, 2007 and I'm doing very well.
By Mark Molina
But what if there was a method that took a lot of the risk out and made it easier, even if you have never traded before to succeed in the foreign exchange? Wouldn't you want to know these strategies?
We have a FOREX investment strategy that can do just that! The first thing you need to know is that they don’t try to teach you how to trade in foreign currency. Instead you receive proprietary software that is used to teach you how to set up a trading account at the brokerage that you choose. This account then buys and sells all your investments for you.
FOREX is perfect for the careful investor that is interested in earning as much yield as possible along with preserving principle and earnings. The investment strategies used by FOREX include achieving this balance. They do it by using two different currency pairs that move in complete opposite directions for trading. This is a great strategy because when one pair is going down and experiencing loses the other pair is normally going up because they are opposites.
There is data that can be supplied that supports this strategy. For instance, if you were to view a chart of the past year, you would see that when comparing the two currency pairs it is almost like looking in a mirror. This proves that the strategy used works. This is why the FOREX investments strategies work so well; when you trade two pairs that move in opposite directions you dramatically reduce your risks. Any loses that you receive from one is partially offset by what you are gaining from the other pair. There is no type of stock market option that can offer you this type of strategy.
The FOREX investment strategies really do work and they are so simple to learn because you are not trying to learn everything there is about investing. Therefore, it only takes an hour or two to learn how to set up the accounts and then a few minutes throughout the week to monitor the account. With this amount of little effort it is possible for you receive more of an increase in a month than many mutual funds and banks do in a whole year.
When I first started researching the Forex I learned that it would take months to learn and studying charts and graphs and a lot of money to get started. Something that a full time job would not allow me to do.
Then a good friend of mine introduced me to a forex investment strategy. He told me how easy it was to learn and how it required no formal training and that I could be up and running in less than 3 hours. He also told me that he was earning monthly what banks and mutual funds were earning yearly.
You can only imagine my skepticism. So I started doing some research on the company and the proprietary software they were using. I took a leap of faith and opened up a demo account, and to my surprise everything that they claimed was true. I can honestly say that I'm earning more a month than my mutual funds and my bank are earning a year. This company does truly care about people and that is rare in this industry. I opened up my Live account on April 10, 2007 and I'm doing very well.
By Mark Molina
Forex Investment - Making The Decision Is The Hardest Part
When investing in the Forex market, making a Forex investment can be the best decision and can definitely earn you the best profits. Because there is very little in the way of barring entrance to the Forex market making a Forex investment is an excellent opportunity. Especially for those individuals who have low investments to start with, this can allow them to gain a large return regardless. Of course it also depends on how well they understand the Forex market in order for them to truly benefit from a Forex investment.
In the past Forex investment was limited to only banks and financial institutions due to large transactions and strict financial requirements. Of course now with online trading widely available making a Forex investment is more readily accessible to individuals as well. This means just about anyone can invest in Forex and actually make money from it.
When making a Forex investment you are allowed to do so either directly or through a Forex broker. Banks and financial institutions now are forced to acknowledge that small and individual investors are involved in the Forex market and therefore have been providing online trading packages to them. A lot of these have high leverage available to clients, which when it involves a Forex investment can lend itself to an environment where high gains are made with comparatively small amounts.
This means that someone who chooses to open a mini account in the Forex market has a great leverage ratio of one hundred to one. This means that a one thousand dollar investment can buy or sell a 'lot' of one hundred thousand dollars in foreign currencies. Most mini accounts can be opened with two hundred and fifty dollars as a minimum Forex investment.
Because of this a huge increase has occurred in the amount of trades currently in the Forex market. This also causes a high liquidity with a daily turnover that has been known to reach two trillion dollars. Yet this has also mad Forex trading a bit more transparent. Making a Forex investment can be done in multiple currencies in multiple markets in real time without any barriers or physical boundaries.
What is very important in making a Forex investment is realizing that the there is an instant nature to the trade and huge amounts being traded every single day. This means that each investor must be very familiar with the way the Forex market works. They also need to have a clear understanding of trading strategy in order to gain the best profits. Those who don't understand this can feel that the Forex market is too risky. So when making a Forex investment, make sure you have someone who thoroughly understands the inner workings and who can handle the risky nature of the Forex market, and you will have a better chance of gaining the best profits.
By Mike Singh
In the past Forex investment was limited to only banks and financial institutions due to large transactions and strict financial requirements. Of course now with online trading widely available making a Forex investment is more readily accessible to individuals as well. This means just about anyone can invest in Forex and actually make money from it.
When making a Forex investment you are allowed to do so either directly or through a Forex broker. Banks and financial institutions now are forced to acknowledge that small and individual investors are involved in the Forex market and therefore have been providing online trading packages to them. A lot of these have high leverage available to clients, which when it involves a Forex investment can lend itself to an environment where high gains are made with comparatively small amounts.
This means that someone who chooses to open a mini account in the Forex market has a great leverage ratio of one hundred to one. This means that a one thousand dollar investment can buy or sell a 'lot' of one hundred thousand dollars in foreign currencies. Most mini accounts can be opened with two hundred and fifty dollars as a minimum Forex investment.
Because of this a huge increase has occurred in the amount of trades currently in the Forex market. This also causes a high liquidity with a daily turnover that has been known to reach two trillion dollars. Yet this has also mad Forex trading a bit more transparent. Making a Forex investment can be done in multiple currencies in multiple markets in real time without any barriers or physical boundaries.
What is very important in making a Forex investment is realizing that the there is an instant nature to the trade and huge amounts being traded every single day. This means that each investor must be very familiar with the way the Forex market works. They also need to have a clear understanding of trading strategy in order to gain the best profits. Those who don't understand this can feel that the Forex market is too risky. So when making a Forex investment, make sure you have someone who thoroughly understands the inner workings and who can handle the risky nature of the Forex market, and you will have a better chance of gaining the best profits.
By Mike Singh
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